The First Labor-Friendly Law That Allowed Unions to Organize Labor

question 21

Multiple Choice

The first labor-friendly law that allowed unions to organize labor and collectively bargain was

• A)The Clayton Act.
• B)The Norris-LaGuardia Act.
• C)The National Industrial Recovery Act.
• D)The Wagner Act.

---

Definitions:

Budgeted Selling Price

The anticipated amount for which a product or service is expected to sell, as determined during the budgeting process.

Master Budget

A comprehensive financial planning document that consolidates all of a company's budgets, including sales, production, and various operational budgets.

Credit Sales

Transactions in which goods or services are provided to a customer with the agreement that payment will be made at a later date.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.